ABC Arbitrage SA Buys Shares of 5,092 Amazon.com, Inc. $AMZN

Key Points

• ABC Arbitrage SA purchased a new stake of 5,092 shares of Amazon in Q3, valued at approximately $1.118 million.
• Market sentiment and catalysts are largely positive: MarketBeat shows a consensus rating of Moderate Buy with an average target of $287.29, and Amazon’s strategic partnership with OpenAI plus major AI/data‑center investments (including a ~$427M Virginia campus) are cited as growth drivers for AWS.
• Insider activity has been notable: CEO Andrew Jassy and other insiders have sold shares, with a total of 71,686 shares sold (~$14.69 million) over the last three months, a signal investors may view negatively.

ABC Arbitrage SA purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 5,092 shares of the e-commerce giant's stock, valued at approximately $1,118,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Amazon.com during the second quarter worth $27,438,011,000. Nuveen LLC bought a new stake in Amazon.com in the 1st quarter valued at about $11,674,091,000. Vanguard Group Inc. grew its position in Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares during the period. Laurel Wealth Advisors LLC lifted its position in Amazon.com by 22,085.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after acquiring an additional 12,122,668 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock worth $11,017,657,000 after buying an additional 10,176,835 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AMZN. Raymond James Financial reduced their target price on Amazon.com from $260.00 to $225.00 and set an "outperform" rating for the company in a report on Friday, February 6th. Piper Sandler restated an "overweight" rating and issued a $260.00 price objective (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. President Capital decreased their price objective on Amazon.com from $320.00 to $296.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. Desjardins boosted their target price on Amazon.com to $218.00 in a research report on Monday, December 8th. Finally, Wolfe Research reaffirmed an "outperform" rating and set a $275.00 price target on shares of Amazon.com in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $287.29.

Insider Activity at Amazon.com

In related news, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the transaction, the chief executive officer owned 2,238,118 shares in the company, valued at approximately $459,217,051.24. This trade represents a 0.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 over the last three months. 9.70% of the stock is owned by insiders.

Amazon.com News Roundup

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: OpenAI strategic partnership validates AWS AI demand — Amazon’s multi‑year deal with OpenAI (including an initial tranche and a potential investment of up to $50B plus large workload commitments) reassures investors that high capex is backed by long‑duration customer demand. Amazon's OpenAI tie-up ‘positive proof' for AI growth
• Positive Sentiment: Expansion of AI infrastructure — Amazon is buying a Virginia campus (~$427M) and continuing large data‑center investments to host AI workloads, supporting long‑term AWS revenue growth. Amazon invests $427M in new AI data hub
• Positive Sentiment: Wall Street support and high price targets — Many analysts remain bullish (numerous Buy/Outperform ratings and a median price target well above current levels), which provides technical and sentiment support for a rebound. Analyst commentary and price targets
• Neutral Sentiment: Pledge to self‑power AI data centers — Amazon joined other big tech firms in a White House pledge to provide their own power for AI data centers; helpful for long‑run grid resilience but vague on sourcing and near‑term impact. Top tech companies sign Trump's pledge
• Neutral Sentiment: Operational expansion in retail markets — Initiatives like 15‑minute delivery rollout in Brazil signal growth initiatives in international commerce, but they are incremental vs. the AWS/AI story. Amazon deploys 15-minute delivery in Brazil
• Negative Sentiment: Drone strikes damaged Middle East AWS facilities — Physical damage and prolonged outages in UAE and Bahrain introduce operational risk, customer disruption and potential remediation costs; these headlines have weighed on sentiment periodically. Amazon's Bahrain data center targeted by Iran
• Negative Sentiment: Job cuts and robotics scaling back — Recent layoffs in the robotics unit and reports of reduced robot deployments are a reminder of near‑term cost pressures and restructuring that can hurt execution narratives. Amazon cuts more jobs in robotics unit
• Negative Sentiment: Insider selling — A CEO Form 4 shows a small sale (1,000 shares); while modest in size, continued insider sales across the company are watched by investors as a negative signal. SEC filing: insider sale

Amazon.com Stock Performance

Shares of AMZN stock opened at $216.82 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The company's fifty day moving average price is $225.48 and its 200-day moving average price is $227.39. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The stock has a market cap of $2.33 trillion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 1.56 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm's quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the business earned $1.86 EPS. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon's online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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